Search results
Results from the WOW.Com Content Network
As China's economy stalls, Beijing is encouraging companies to ship excess production overseas. ... There is “no such thing as ‘China’s overcapacity problem,’” he said.
China Investment Corporation (CIC) is a sovereign wealth fund that manages part of China's foreign exchange reserves.China's largest sovereign fund, CIC was established in 2007 with about US$200 billion of assets under management, a number that grew to US$1.2 trillion in 2021 [4] and US$1.3 trillion in December 2024.
China is the world’s second-largest economy behind the U.S. Growth in the Asian country has slowed in the wake of a crackdown on property developers’ high reliance on debt for growth and ...
In China's Great Wall Of Debt, financial journalist Dinny McMahon explains how subsidies and protectionism account for overcapacity in the Chinese steel industry: Factories only produced 70 ...
China's development of its sovereign funds was influenced by the experiences of the 1997 Asian Financial Crisis and the 2007-2008 global financial crisis. [1]: 11 According to researcher Zongyuan Zoe Liu, "The CPC leadership responded to these shocks by reexamining the boundaries of state-market relations in China and reinterpreting the Party's commitment to reform and opening up."
CITIC Group Corporation Ltd., formerly the China International Trust Investment Corporation (CITIC), is a state-owned investment company of the People's Republic of China, established by Rong Yiren in 1979 with the approval of Deng Xiaoping. [3] Its headquarters are in Chaoyang District, Beijing. [4]
But claims that Beijing uses state subsidies to prop up its manufacturing sector, and then dumps the excess surplus overseas, are irking executives in China's car sector. Overcapacity “is a fake ...
The NDRC has responsibilities over economic targets, price policies, market policies, supply-side structural reform, overseas investment, domestic investment policy, regional development strategies, industrial development strategies, major infrastructure projects, consumption policy, innovation-driven development, scientific and technological ...